Life Insurance for new immigrants- Video

Taking Life and Health Insurance are some of the important steps to be taken especially when you are new in a country. You have taken this huge step to make this land your home. You have several dreams, whether it is your career or creating wealth or creating a great future for your kids, that need fulfilment. Something could happen to you in the event of an illness, disability or death and that could totally impact the accomplishment of the goals. It is important to look at health coverage outside of OHIP, an income replacement disability insurance plan and a life insurance policy whether it is term or permanent insurance.

People often wonder what is better, Term or Permanent Insurance. Both have their advantages and disadvantages. However, both have a significant role in our world of protecting our family, assets, incomes, family etc etc. Therefore, it could be a good idea to take a combination of Term and Permanent Insurance. It can be bought together in one policy , thus there could be some savings on policy fees and in premiums. It is a Think Smart approach to buying Life Insurance…

Protecting a mortgage and ensuring that your home is secured from creditors is one of the biggest reasons to purchase life insurance and health insurance. We would like to ensure that the mortgage is paid off in the event of death or mortgage expenses are taken care of during the time we are battling against a health problem or a serious illness…

There are several very valid reasons why people prefer to take an individually owned life insurance and a living benefits insurance plan to protect their mortgage. I could discuss the reasons in detail…

There has been a dramatic change in the Canadian Life Insurance market for seniors. Cost of insurance ( ie. Premiums) has gone down, however underwriting has become very detailed where certain risk factors pertaining to illness, lifestyle and travel are closely examined and reviewed…